Class A funds directly deduct the subscription fee at the time of subscription, which is usually a "front-end fee" model. The front-end charging mode is the most commonly used fund charging mode for investors at present, and the off-exchange funds that people usually buy are generally the front-end charging mode.

Class C funds are exempt from subscription and redemption fees, and the sales service fee is withdrawn on a daily basis, usually in the mode of "sales service fee". If a Class C fund is held for more than a certain period of time, the subscription fee and redemption fee are exempted. Generally, there is no redemption fee for holding for 7 days or more, but the fund company will charge the sales service fee on a daily basis.

Second, it is suitable for different types.

Class A is free of redemption fee because there is only subscription fee and no sales service fee. Holding it for more than 2 years is obviously suitable for long-term fund investors. There is no subscription fee, plus a daily sales service fee, which is actually very suitable for investors with uncertain holding time and the purpose of making bands. Class C share is undoubtedly a low-cost short-term investment.

Extended data:

Before purchasing a fund, investors need to carefully read the prospectus, fund contract, account opening procedures, trading rules and other fund-related documents, and all fund sales outlets should have the above documents for investors to consult at any time.

Individual investors are required to carry the debit card of the correspondent bank and valid identity documents (ID card, military officer's card or armed police card), and institutional investors are required to carry the original business license, organization code certificate or registration certificate, as well as a copy of the above documents stamped with the official seal, power of attorney, ID card of the agent and a copy.